Innovation

Innovation articles

3 12, 2018

How best to use innovation to fight corruption: 2 Case Studies

By | 2018-12-03T00:24:55+00:00 December 3rd, 2018|Innovation|1 Comment

Corruption is a huge problem. It is estimated by the United Nations that up to 5% of the global economy (estimated to be around $2.6 trillion) is lost to corruption annually. In one case I remember vividly from 2015, Nigeria's former national security adviser, Sambo Dasuki, was arrested for allegedly stealing $2bn [Ed: Yes, that's [...]

15 10, 2018

65% of Venture Capital-backed deals fail to return investment, and only 4% make substantial returns

By | 2018-10-15T06:30:18+00:00 October 15th, 2018|Innovation|0 Comments

Everyone knows that investing in innovative new ideas carries a degree of risk. However, new data from Correlation Ventures shows just how risky investing in new companies can be. The chart above shows the financial outcomes for 21,640 different financing deals between 2004 and 2013 (note that these were the total number of deals, not individual [...]

5 10, 2018

New study shows whether collaboration is more effective than working alone (hint: it isn’t the best way…)

By | 2018-10-05T06:49:12+00:00 October 5th, 2018|Innovation|0 Comments

Who is more effective at problem-solving and finding solutions to difficult challenges? Is it groups of people collaborating on the challenge together, or individuals working alone? I came across the answer in a new research paper, and the result surprised me. Most innovation experts would advise that full-time collaboration is a basic requirement for building [...]

3 09, 2018

Sydney Innov8rs conference: Come and learn from me and 40+ live innovation speakers

By | 2018-09-03T11:25:12+00:00 September 3rd, 2018|Innovation|0 Comments

It's my honor to announce that I will be one of the featured workshop leaders at the upcoming Innov8rs conference in Sydney, Australia, from the 25th -27th September 2018. I will be joining over 40+ other live speakers at this amazing conference. It is a lineup full of innovation experts and practitioners, and the focus [...]

20 08, 2018

Sleeping with the enemy: The pain of innovation disrupting your industry

By | 2018-08-20T09:34:52+00:00 August 20th, 2018|Innovation|0 Comments

I'd like to start today's article with a story about something that shook me up a bit recently. I recently bought a diamond engagement ring at an amazing online store, but needed to get the size adjusted slightly. Instead of sending it back to the USA by post, I decided to find a good quality [...]

7 07, 2018

Study shows a desire for startups and corporates to work more together by 2025

By | 2018-07-07T01:36:54+00:00 July 7th, 2018|Innovation|0 Comments

According to a recent study by the Unilever Foundation, there is a strong desire for corporations to improve their innovation capability by working more closely with startups. Based on the results of a recent survey of 204 corporate brand managers and 114 startups about how their companies planned to collaborate together, the following results [...]

1 07, 2018

Why is this company giving $1,000 to anyone with an idea?

By | 2018-07-01T10:01:33+00:00 July 1st, 2018|Innovation|0 Comments

With it’s Kickbox programme, Adobe is giving every employee with an idea the opportunity to go out and experiment on it. The smartest part: they’re completely happy for that idea to fail. Adobe as a company has an innate link with creativity. After all, it produces some of the most widely-used software products used in [...]

26 03, 2018

Egoistic Altruism – The reason why innovating for individual gain helps everyone

By | 2018-03-26T12:59:01+00:00 March 26th, 2018|Innovation|0 Comments

The video above is a wonderful explanation of a concept of innovation which is so often overlooked: Individuals who lead innovation gain the most from it. But society gains even more overall in the long run. At its most fundamental level, it is driven by the forces of economics. Kurzgesagt, a wonderful Youtube channel explaining [...]

11 03, 2018

How to defeat “Loss Aversion” – the #1 reason why middle managers kill innovation

By | 2018-03-14T20:59:39+00:00 March 11th, 2018|Innovation|0 Comments

In this article, you are going to learn exactly what Loss Aversion is, why is creates crippling fear in middle managers and decision-makers, and a simple model for how you can reframe your company's thinking which encourages more innovation projects to thrive. A few weeks ago, I was leading a discussion at Deloitte about exactly [...]

6 11, 2017

Diminishing law of innovation returns and the problem with “better”

By | 2017-11-06T13:23:31+00:00 November 6th, 2017|Innovation|1 Comment

Every company thinks that they can innovate by making their product better. But eventually, this concept of "better" begins to become irrelevant. If an entire industry is trying to innovate in the same way, eventually progress will become almost impossible to notice from a customer's perspective and innovation will plateau. This is not to say [...]

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